I would contrast the Cerberus interest in (SWY) with Warren Buffett's acquisition of Heinz (http://bit.ly/1gFmQHT). Buffett participated in the HNZ deal after the stock had increased +275% from the low.

Cerberus would need SWY to go above $43 before they start to look less than worthy of their name. So far, Cerberus "appears" smart by comparison to Warren's recent deal.